Excerpt from Education Sector Industry Profile

Institutions in this industry provide instruction and training to students enrolled in elementary through high schools, colleges and universities, and training centers that offer industrial, professional, and vocational programs. Institutions include public, private, and nonprofit as well as for-profit businesses.

The largest public K-12 school districts in the US include New York City Public Schools, Los Angeles Unified, and Chicago Public Schools. Major US postsecondary institutions include public university systems in California, New York, and Texas, as well as private universities such as Duke, Harvard, Johns Hopkins, and New York University; leading institutions outside of the US include the universities of Cambridge and Oxford, both located in the UK. Top for-profit education companies include Adtalem Global Education, Apollo Education Group, Career Education Corporation (CEC), K12, and Kaplan (all based in the US); as well as New Oriental Education & Technology Group (China), NIIT Limited (India), and Benesse Corporation (Japan).

Global demand for education services is growing as nations seek to educate their workforce and expand workers' vocational and technological skills. A worldwide shortage of teachers, especially in developing nations, has had a significant impact on education services in many countries.

The education sector in the US includes around 200,000 institutions and schools with total revenue of about $1.3 trillion.